18 days on rocket

1739 Central St, Detroit, MI, 48209

$615,000

Home List Price

$7,303*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1739 Central St, Detroit$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1927
HeatingForced Air, Natural Gas
BasementYes
MLS #24023134
Lot Size0.10 Acres
StatusActive

About 1739 Central St

Great investment opportunity! Newly updated 6 unit occupied apartment building with leases in place in Southwest Detroit. Your tenants will enjoy all that Mexican Town has to offer! The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are a total of 6 two bedroom units. 5 units are currently occupied while the remaining 1 unit is vacant. The vacant unit has been cleaned and freshly painted and are currently being shown to fill with tenants. The building is separated into two entrances. The first entrance includes the front two units and the side entrance leads to the remaining 4 units. Each unit is separately metered. All furnaces for the building have been updated in 2020. The seller is opening to seller financing.

Property Details

Property Features

Property Information:

  • Year Built: 1927

Listing Office:

  • Office Name: Golden Key Real Estate LLC
  • Office Phone: (313) 638-2474
  • Listing Agent: Ryan Heward, Dustin Shaeffer

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Central and Cahalan

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000

Tax Information:

  • Annual Amount: $2,550
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

1739 Central St vs Detroit

18 DAYS ON ROCKET

-27 Days

$615,000

+$533.9K More

KEY TAKEAWAY

This property is $533.9K more than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24023134

Listing Office:

  • Office Name: Golden Key Real Estate LLC
  • Office Phone: (313) 638-2474
  • Listing Agent: Ryan Heward, Dustin Shaeffer

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,550$26,900
2020$1,758$23,800
2018$1,758$16,400

History based on county public records data.

Payment Calculator

$3,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4219294
3
/10

  • Salina Intermediate School

  • 2623 Salina St

  • 1.35 miles

  • Public District Grades 4-8

school-card-donut-4219295
1
/10

  • Cesar Chavez Academy Intermediate School

  • 4100 Martin St

  • 1.39 miles

  • Public Charter Grades 3-5

school-card-donut-4219296
4
/10

  • Salina Elementary School

  • 2700 Ferney St

  • 1.43 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,364. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48209›1739 Central St

This home is located at 1739 Central St in Detroit, MI and zip code 48209 in the Springwells neighborhood. This home, which was built in 1927, sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $615,000.

While more than 94 listings in Detroit, MI in April 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 243 were sold below. The number of homes for sale in Detroit, MI increased by 12.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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